Canada supplies approximately 20% of the oil consumed in the US, so introducing 25% tariffs on Canadian goods could be a huge mistake. However, resisting Washington may prove challenging without strong political leadership in Canada. Let’s discuss it and make a trading plan for USD/CAD. Major Takeaways Political crisis weakens the loonie. Outside of oil, the US has a trade surplus with Canada. Ottawa's revenge will hit the US economy hard. USD/CAD risks soaring to 1.455 and 1.48. Weekly Fundamental Forecast for the Canadian Dollar Amid rising patriotism sparked by fears of US dominance, Canada grapples with the absence of... Read full author’s opinion and review in blog of #LiteFinance